As of close of business last night, United Parks & Resorts Inc.’s stock clocked out at $55.24, down -2.71% from its previous closing price of $56.78. In other words, the price has decreased by -$1.54 from its previous closing price. On the day, 819904 shares were traded.
Ratios:
To gain a deeper understanding of PRKS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.66. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.95.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Guggenheim on April 04, 2024, initiated with a Buy rating and assigned the stock a target price of $73.
On March 26, 2024, Mizuho started tracking the stock assigning a Underperform rating and target price of $47.
Morgan Stanley Downgraded its Overweight to Equal-Weight on December 14, 2023, whereas the target price for the stock was revised from $60 to $57.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 18 ’24 when Miller Kyle Robert sold 1,000 shares for $52.50 per share. The transaction valued at 52,500 led to the insider holds 37,961 shares of the business.
Surrett Byron sold 5,083 shares of PRKS for $256,692 on Mar 15 ’24. The insider now owns 15,306 shares after completing the transaction at $50.50 per share. On Mar 05 ’24, another insider, Surrett Byron, who serves as the insider of the company, sold 1,082 shares for $53.48 each. As a result, the insider received 57,865 and left with 10,586 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRKS now has a Market Capitalization of 3.55B and an Enterprise Value of 5.52B. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.20, and their Forward P/E ratio for the next fiscal year is 11.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.05. Its current Enterprise Value per Revenue stands at 3.20 whereas that against EBITDA is 9.00.
Stock Price History:
Over the past 52 weeks, PRKS has reached a high of $61.30, while it has fallen to a 52-week low of $40.87. The 50-Day Moving Average of the stock is 51.71, while the 200-Day Moving Average is calculated to be 50.13.
Shares Statistics:
It appears that PRKS traded 829.61K shares on average per day over the past three months and 1.07M shares per day over the past ten days. A total of 63.97M shares are outstanding, with a floating share count of 62.77M. Insiders hold about 1.87% of the company’s shares, while institutions hold 110.17% stake in the company. Shares short for PRKS as of Mar 15, 2024 were 2.34M with a Short Ratio of 3.55, compared to 2.56M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.64% and a Short% of Float of 6.42%.
